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  • Mkts snap 4-day rally: Is the momentum over? Jan 04, 2011 06:18 PM IST

    Mkts snap 4-day rally: Is the momentum over?

    The markets ran out of momentum in the day's session. Profit booking in the banking space weighed on the frontline indices, and the Nifty finally closed below the 6150 mark. The Sensex too shed over 60 points and shut shop at 20,498.

  • EMs to face serious macro eco issues this yr: JPMorgan Jan 03, 2011 12:34 PM IST

    EMs to face serious macro eco issues this yr: JPMorgan

    2010 saw a lot of fund flows into emerging markets, with most markets outperforming. However, Adrian Mowat, Chief Asian and Emerging Equity Strategist at JP Morgan said he expected 2011 to be a choppy year for emerging markets. "Emerging markets may face serious macro economic issues," he said.

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